1. #Bitcoin has just begun its new Four Year Cycle
Which means #BTC has confirmed further exponential growth in this #Crypto Bull Market
Here's what you need to know...
Which means #BTC has confirmed further exponential growth in this #Crypto Bull Market
Here's what you need to know...
2. $BTC's price action behaves in Four Year Cycles
Each candle represents a year
Candle 1 ensures exponential growth where BTC breaks to a new ATH
Candle 2 is where BTC is in a Bear Market
Candle 3 is where BTC bottoms out
Candle 4 is where BTC recovers & begins a new trend
Each candle represents a year
Candle 1 ensures exponential growth where BTC breaks to a new ATH
Candle 2 is where BTC is in a Bear Market
Candle 3 is where BTC bottoms out
Candle 4 is where BTC recovers & begins a new trend
3. Candle 4 serves a crucial purpose in setting up the new Four Year Cycle
Its aim is to eclipse the previous resistance that prompted a bear market for #BTC 's price a few years earlier (i.e. “Candle 2”)
In the first cycle, that level was $741
In this cycle, it was ~$13900...
Its aim is to eclipse the previous resistance that prompted a bear market for #BTC 's price a few years earlier (i.e. “Candle 2”)
In the first cycle, that level was $741
In this cycle, it was ~$13900...
4. But Candle 4 did so much more than eclipse $13,900
Candle 4 broke the old All Time High of $20,000 and even ended the year at ~$29,000
This is a testament to how strong the buy-side interest for #BTC is, compared to the previous Candle 4 in the old Four Year Cycle
Candle 4 broke the old All Time High of $20,000 and even ended the year at ~$29,000
This is a testament to how strong the buy-side interest for #BTC is, compared to the previous Candle 4 in the old Four Year Cycle
5. The #Bitcoin Halvings (blue) tend to play an important role in forming the Four Year Cycles
Bitcoin Halvings precede the exponential Candle 1 of a new Bitcoin Four Year Cycle
What this suggests is that Bitcoin will experience yet another exponential Candle 1 in 2021
Bitcoin Halvings precede the exponential Candle 1 of a new Bitcoin Four Year Cycle
What this suggests is that Bitcoin will experience yet another exponential Candle 1 in 2021
6. If you find the information in this thread valuable, you should check out my newsletter which is dedicated to unbiased cutting-edge #Crypto insights:
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7. Retrace Possible in Q1, 2021?
Historically, a $BTC retrace tends to occur early in the new 4-Year Cycle where 🔴 resistance turns into 🟢 support
But recent Candle 4 was strong that a fall to $13,9K is unlikely
Overall, key 4-YC levels are:
• ~$29,000
• ~$20K
• $13,9K
Historically, a $BTC retrace tends to occur early in the new 4-Year Cycle where 🔴 resistance turns into 🟢 support
But recent Candle 4 was strong that a fall to $13,9K is unlikely
Overall, key 4-YC levels are:
• ~$29,000
• ~$20K
• $13,9K
8. How Much Could #Bitcoin Rally In 2021?
Based on recurring price tendencies throughout #BTC history, here is an extrapolation of this new Four Year Cycle...
Based on recurring price tendencies throughout #BTC history, here is an extrapolation of this new Four Year Cycle...
9. #Bitcoin could rally to as far as $150,000-$170,000 in Candle 1
Candle 2 could experience a more than -80% Bear Market (2022)
Candle 3 is where #BTC would bottom (2023)
Candle 4 would signal a new trend & recovery (2024)
Yet another new Four Year Cycle would begin in 2025
Candle 2 could experience a more than -80% Bear Market (2022)
Candle 3 is where #BTC would bottom (2023)
Candle 4 would signal a new trend & recovery (2024)
Yet another new Four Year Cycle would begin in 2025
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